Brexit Threatens To Burst London's Fintech Bubble

By Mark Taylor (June 24, 2016, 5:02 PM BST) -- Britain's vote to split from the European Union threatens London's trailblazer role in developing and regulating the technology behind virtual currencies, widely deemed the new frontier in global finance.


The country is allowed two years under the EU Treaty to negotiate its future relationship with the bloc, including financial regulation. But many legal experts predict talks lasting much longer, leaving an extended period of uncertainty.

"We really are in uncharted territory and the only thing that is certain is there will be a long period of turbulence," said Lucy Frew, head of financial regulatory at London law firm Kemp Little...

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